Goodwill Industries Industrial Contracts & Temporary Services Inc

Analysis

Goodwill Industries Industrial Contracts & Temporary Services Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Industries Industrial Contracts & Temporary Services Inc reported income of $325k and spending of $374k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $325k (+40%), an average of +8.7% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Industries Industrial Contracts & Temporary Services Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Gnar Education Foundation ($325k), More Mid-Atlantic Off Road Enthusiasts ($325k) and Livermore Main Street Project Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $253k. At year end it held assets of $42k against liabilities of $375k, net assets of -$332k. It reported 9 employees.